Capital Gains Tax discount reform under consideration
Speculation is intensifying that one of Australia’s most controversial tax concessions, the capital gains tax (CGT) discount, may undergo significant reform as a central feature of this year’s federal budget. Senior government ministers have stopped
Economic collapse in Iran hits students in Australia
Iran’s deepening economic crisis and ongoing social unrest are now having a direct impact on thousands of Iranians living and studying abroad, with particularly severe consequences for students in Australia. The sharp devaluation of Iran’s
‘Door is open, but I’m not looking’: Ley stands firm after Coalition split
Opposition Leader Sussan Ley has moved swiftly to project stability and authority within the Liberal Party following a dramatic and highly public split with the Nationals, declaring she is “absolutely confident” in her leadership despite
Coalition in meltdown as Nationals walk out, declaring agreement with Liberals “untenable”
Australia’s federal Coalition has plunged into its most serious crisis in years, after the National Party formally withdrew from the opposition frontbench, declaring its governing agreement with the Liberal Party “untenable”. The dramatic rupture follows
Australia observes national day of mourning for victims of Bondi Beach terror attack
Australia today marks a national day of mourning to honour the victims of the December 14 Bondi Beach terror attack, which claimed the lives of 15 innocent people and deeply shocked the nation. As part
January 26 protests continue an 88-year First Nations legacy of resistance and survival
First Nations people across Australia are preparing to mark January 26 with rallies, marches and cultural events, continuing a protest tradition that stretches back nearly nine decades and predates the modern celebration of Australia Day
Hate speech and extremism laws pass Parliament as three Nationals defy Coalition line
Australia’s Parliament has passed new hate speech and extremism legislation following an early recall prompted by the Bondi terror attack, marking a significant moment for national security lawmaking—and exposing fresh fractures within the Coalition. The
EU–US backed power link shatters Turkey–Libya maritime claims
The Egypt–Greece 3 GW electricity interconnector has received a €9.56 million EU grant to support further studies and implementation. EU–US backed power link shatters Turkey–Libya maritime claims. The European Commission has approved the funding for additional preparatory work on the 3-gigawatt electricity link connecting the power systems of Greece and
Gas Wars in the Mediterranean
The unexpected alliance between Turkey and Libya is a geopolitical earthquake that changes the balance of power in the eastern Mediterranean and across the Middle East. Turkey’s audacious move has enraged its rivals in the
Asylum seekers to get social security number in Greece in apparent policy U-turn
Five key Greek ministries on Monday decided that the country will re-introduce the practice of granting a social security number to all migrants who have applied for asylum in Greece, something that the current conservative
Greece 2020: Starving child faints after unemployed parents pay taxes
A starving student recently collapsed on the way home and fell to the ground in front of the eyes of stunning passersby. The incident took place in Pyrgos, Western Peloponnese. According to local media, both
Coronavirus: Greece to accelerate recruitment of medical staff in hospitals, labs, entrance gates
Greece has decided to accelerate the recruitment of health personnel as one of the alert measures of the country to deal with possible infections of coronavirus. This was decided at the meeting of the National
Turkey pushes East Mediterranean boundaries
The Erdogan regime’s maritime border agreement with Libya can only serve to ramp up regional tensions Turkey has gone a step further in its East Mediterranean power play, signing a memorandum of understanding (MoU) with
Greece launches 15-year State bond, signalling return to financial normality
Greece’s Public Debt Management Authority announced the launch of a 15-year state bond in a statement released on Monday. The announcement came just 48 hours after the credit rating agency Fitch upgraded the country’s credit
EU–US backed power link shatters Turkey–Libya maritime claims
The Egypt–Greece 3 GW electricity interconnector has received a €9.56 million EU grant to support further studies and implementation. EU–US backed power link shatters Turkey–Libya maritime claims. The European Commission has approved the funding for additional preparatory work on the 3-gigawatt electricity link connecting the power systems of Greece and
Japan’s Nikkei is down 12%, the largest drop ever
Japan’s Nikkei is down 12%, the largest point ever, as fears of a US recession shook global markets. The Topix index erased its yearly gains, experiencing its steepest sell-off since “Black Monday” in October 1987.
Will Turkey attack NATO with American ships?
President Joe Biden pushed through his sale of F-16s and upgrade kits to Turkey on the logic that the deal was necessary to get Turkey’s President Recep Tayyip Erdogan to drop his objection to Sweden
Australia’s preeminent strategic thinkers: The era of Anglo-Saxon dominance in the Pacific is ending
This might be the most compelling and influential argument against AUKUS, particularly because it comes from one of Australia’s foremost strategic thinkers: Hugh White, the inaugural Director of the Australian Strategic Policy Institute (ASPI) and
The impending conflict between NATO allies: Greece and Turkey
The relations between Turkey and Greece have never been normal. The legacy of Mongol Turkish conquest of Greece in the fifteenth-century poisons all connections between Turks and Greeks. The Greeks remember their Turkish oppressors like
Arab Coalition with Iran in response to Israel: The crucial meeting in Tehran
In the wake of the assassination of Hamas leader Ismail Haniyeh, Iran is mobilising what it calls the “axis of resistance” against Israel. High-ranking officials have been summoned to Tehran for consultations, raising fears of
East-West prisoner swap: Largest since the Cold War
US President Joe Biden has celebrated the return of three Americans who were imprisoned in Russian penal colonies after secret “sham” trials. They were freed as part of a significant East-West prisoner swap. Biden and
